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07 Mar 2018 description
report World Bank

Investment surpasses April 2016 commitment three years ahead of schedule

WASHINGTON, March 7, 2018 – The World Bank Group (WBG) has invested US$3.2 billion over the past two years in education projects benefiting adolescent girls, surpassing its April 2016 commitment to invest US$2.5 billion over five years, the organization announced today on the eve of International Women’s Day.

14 Apr 2011 description
report World Bank

Press Release No:2011/430/PREM

WASHINGTON, April 14, 2011— Driven in part by higher fuel costs connected to events in the Middle East and North Africa, global food prices are 36 percent above their levels a year ago and remain volatile, pushing people deeper into poverty, according to new World Bank Group numbers released today.

31 Mar 2011 description
report World Bank

Bank's Global Food Crisis Response Program has helped 44 countries counter crisis by investing in agriculture, feeding programs.

Eight countries receiving help from G20-requested Global Agriculture and Food Security Program; 17 additional countries seeking assistance.

About 3.5 million children under 5 in developing countries die from undernutrition-related causes each year.

April 1, 2011— The 2008 food crisis hit poor people in Togo hard.

15 Feb 2011 description
report World Bank

Press Release No:2011/333/PREM

WASHINGTON, February 15, 2011 - Rising food prices have driven an estimated 44 million people into poverty in developing countries since last June as food costs continue to rise to near 2008 levels, according to new World Bank Group numbers released ahead of the G20 Meeting of Finance Ministers and Central Bank Governors in Paris.

"Global food prices are rising to dangerous levels and threaten tens of millions of poor people around the world," said World Bank Group President Robert B. Zoellick.

10 Feb 2011 description
report World Bank

Press Release No:009

February 10, 2011 - "The biggest challenge facing most developing countries is the risk of a big boost in food prices. Food accounts for a large and increasingly volatile share of family budgets for poor and urban families. When prices of staple foods soar, poor countries and poor people bear the brunt."- World Bank Group President Robert B. Zoellick

BACKGROUND:

Costs for some basic foods are nearing or beyond the peaks of 2008. The World Bank expects volatile, higher than average grain prices until at least 2015.

22 Apr 2010 description
report World Bank
  • World Bank and international donors are working together to provide longer-term support for developing countries affected by the food crisis.

    - Global food price spikes in 2007 and 2008 increased undernourishment by an estimated 6.8%, and drove at least 100 million more people into poverty.

    - New Global Agriculture and Food Security Program fights food insecurity through improved agricultural productivity among poor, rural populations.

    April 22, 2010-Across the globe, more than 1 billion people go to bed hungry each nighta number exacerbated by the 2007-08 food price …